3 Stocks Amaze After Earnings
B&G Foods Inc. (NYSE:BGS) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 48.57% to $0.18 in the quarter versus EPS of $0.30 in the year-earlier quarter. Revenue rose 15.8% to $173.7 million from the year-earlier quarter.
B&G Foods Inc. reported adjusted EPS income of $0.18 per share. By that measure, the company missed the mean analyst estimate of $0.39. It missed the average revenue estimate of $180.3 million.